Gomes christens new firm

Dec 11, 2007 5:51 AM

Dennis Gomes, a former Nevada regulator and one of the gaming industry’s most decorated executives, has teamed up with The Cordish Company to form a new gaming management company that will operate gaming projects worldwide.

The new company is called Gomes+Cordish Gaming Management, with Gomes serving as president and CEO.

"We are thrilled to partner with Dennis Gomes," said David Cordish, Chairman of the Cordish Company. "Dennis has an impeccable track record in maximizing operating profits at many of the nation’s top casino operations and is a pioneer in gaming enforcement and regulatory matters."

Gomes, a gaming industry leader for over 35 years, has successfully managed casino, hotel and entertainment properties in major gaming markets Las Vegas and Atlantic City.

Gomes served as president of Steve Wynn’s Golden Nugget, the Taj Mahal in Atlantic City, and most recently he spearheaded the transformation of Aztar Corporation’s two Tropicana properties in Las Vegas and Atlantic City. Under his leadership Aztar stock increased in value from $5 to $50 per share and operating profits by over 80%.

Previously, Gomes held major law enforcement and regulatory positions with the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement.

"This is the most exciting venture that I have yet to pursue in my professional career," said Gomes. "The Cordish Company is by far the most talented and progressive development company in the gaming, entertainment, dining and retail industry. With the tremendous growth in gaming both nationally and internationally, Gomes+Cordish Gaming is positioned to become one of the nation’s leading casino, resort and entertainment operators."

The Cordish Company is a multi-billion dollar conglomerate including one of the leading real estate development companies in the United States. The company has diverse development expertise with divisions focused on Entertainment & Mixed-Use, Gaming & Lodging, Sports Anchored Districts, Shopping & Lifestyle Retail, Office and Residential.

The company also owns and manages a diverse group of operating businesses, ranging from gaming and leisure, to restaurants/clubs, live music promotion and film/media distribution. Many of the company’s projects involve public/private partnerships and are of unique significance to the cities in which they are located.

The Cordish Company recently announced a partnership which will develop a casino entertainment complex at the Indiana Downs racetrack, approximately 15 miles from downtown Indianapolis, Indiana. This first class casino project will feature state-of-the-art gaming, fine and casual restaurants, live entertainment and convention space. The project will be managed by the Gomes+Cordish partnership.

Prior to becoming a top gaming executive, Gomes gained the reputation as a top investigator for gaming regulators. The award-winning Martin Scorsese film, "Casino," was based on an investigation of the Stardust Casino led by Gomes while serving as a lead investigator with the Nevada Gaming Control Board.

After six years with the Nevada GCB, Gomes was named Chief of Special Investigations for the New Jersey Division of Gaming Enforcement where he controlled the investigative responsibilities of that agency and was largely responsible for developing and implementing internal control regulations for New Jersey’s casinos.

In January 2003, Gomes was appointed President of the Casino Association of New Jersey, spearheading regulatory, development and expansion initiatives on behalf of the 12 casinos in Atlantic City. During his two-year term as president, Gomes worked closely with legislators and regulators on amendments to the Casino Control Act as well as legislation impacting the gaming industry in New Jersey.